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iShares Short-Term National Muni Bond ETF

847 hedge funds and large institutions have $8.72B invested in iShares Short-Term National Muni Bond ETF in 2025 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 355 increasing their positions, 274 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 62

30% more repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 274

12% more capital invested

Capital invested by funds: $7.81B → $8.72B (+$905M)

9% more funds holding in top 10

Funds holding in top 10: 2325 (+2)

2% more funds holding

Funds holding: 833847 (+14)

1.41% less ownership

Funds ownership: 89.08%87.67% (-1.4%)

Holders
847
Holders Change
+14
Holders Change %
+1.68%
% of All Funds
11.15%
Holding in Top 10
25
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+8.7%
% of All Funds
0.33%
New
84
Increased
355
Reduced
274
Closed
62
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MHR
426
Matthew Hamilton Rosenberg
$950K -$507K -4,803 -35%
EIA
427
Edgemoor Investment Advisors
Maryland
$941K +$620K +5,868 +197%
FFA
428
Fragasso Financial Advisors
Pennsylvania
$938K
AWAG
429
ARS Wealth Advisors Group
Florida
$936K
CI
430
CX Institutional
Indiana
$935K
MPWT
431
MassMutual Private Wealth & Trust
Connecticut
$930K +$213K +2,015 +30%
BNP Paribas Financial Markets
432
BNP Paribas Financial Markets
France
$930K +$924K +8,748 New
CMBA
433
C.M. Bidwell & Associates
Hawaii
$928K -$112K -1,057 -11%
CFD
434
Creative Financial Designs
Indiana
$923K -$237K -2,240 -21%
CCG
435
Chatham Capital Group
Georgia
$923K
DJSG
436
D.J. St. Germain
Massachusetts
$908K +$89.5K +847 +11%
TWM
437
TriaGen Wealth Management
California
$908K
LAM
438
L2 Asset Management
Massachusetts
$906K +$900K +8,517 New
JAA
439
Joel Adams & Associates
North Carolina
$901K +$5.18K +49 +0.6%
Lido Advisors
440
Lido Advisors
California
$899K +$67.6K +640 +8%
IA
441
IFP Advisors
Florida
$894K +$62.5K +592 +8%
PP
442
Postrock Partners
Oregon
$893K
PC
443
Prairiewood Capital
North Dakota
$885K
WHCI
444
W.H. Cornerstone Investments
Massachusetts
$881K +$4.96K +47 +0.6%
EFG
445
Everhart Financial Group
Ohio
$873K -$152K -1,439 -15%
FA
446
Flagstar Advisors
New York
$872K -$33K -312 -4%
ACP
447
Aviance Capital Partners
Florida
$871K +$317 +3 +0%
OCM
448
Objective Capital Management
Ohio
$859K +$230K +2,176 +37%
Wealthfront Advisers
449
Wealthfront Advisers
California
$858K +$460K +4,355 +117%
CPBTD
450
Central Pacific Bank - Trust Division
Hawaii
$851K +$115K +1,087 +16%

SUB Hedge Fund Activity: Q2 2025 in Review

847 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q2 2025, worth a combined $8.72B — up 12% from $7.81B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new SUB positions and 62 closed out — a net gain of 22 holders — while 355 added to existing stakes and 274 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $324M. The largest seller was Ellevest Inc, cutting an estimated $39.4M.

  • 847 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q2 2025, up from 833 in Q1 2025.
  • Funds reported $8.72B of iShares Short-Term National Muni Bond ETF stock for Q2 2025, up 12% quarter-over-quarter.
  • 84 funds opened new iShares Short-Term National Muni Bond ETF positions in Q2 2025 and 62 closed out, a net change of +22 holders.
  • The largest iShares Short-Term National Muni Bond ETF buyer in Q2 2025 was Morgan Stanley, an estimated $324M added.
  • The largest iShares Short-Term National Muni Bond ETF seller in Q2 2025 was Ellevest Inc, an estimated $39.4M sold.

Based on aggregated 13F filings for Q2 2025.